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Atlassian Acquires Loom

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Re: Atlassian Acquires Loom

#141

Post by eastbound »

hannes0 wrote: post #117
swivelmaster wrote: post #109

Earlier quoted context omitted.

It’s well-executed and convenient. That’s worth a lot.

This discussion reminds me of when Dropbox was at ShowHN and someone was commenting on how this could be done with FTP. https://news.ycombinator.com/item?id=8863

I still haven’t purchased Dropbox. When the choice came up, it seemed important for our backups not to be made in USA.

So, indeed, a very cool replacement was SSH.

I still don’t know anyone who didn’t leave Dropbox after they jacked up the prices. A USB key is much cheaper (and reliable, at the rate at which Dropbox nukes accounts that they deem not compliant with whatever policy).

Re: Atlassian Acquires Loom

#142

Post by sb8244 »

flashgordon wrote: post #139
edgyquant wrote: post #104

Earlier quoted context omitted.

In what world is loom something no one asked for? I, and my team, use it everyday and have at my past two jobs as well. For engineers it’s a life saver being able to share a quick video of some code and the bug youre getting (or asking what some piece of code does) and also forcing junior engineers to do this for a PR guarantees the feature works/is a form of QA.

Actually the bigger q is where is Loom's moat? I've used loom too and I agree that being able take a video and do "mini editing" is useful but I guess I wouldn't pay for it given cmd-optiom-5 on osx. But still the real thing is where is the moat? I ask this because until recently I hadn't given much thought to "having paid users who will feel stupid to move off" was not a big deal but clearly it is? To play devil's a…

Maybe going outside of engineering?

I use both loom and cmd opt 5, but my CS and sales team would not be able to effectively use cmd5 (editing, hosting, comments, etc.)

The moat for us is that it just works and is cheap enough that moving off is literally not worth my time.

Re: Atlassian Acquires Loom

#143

Post by kylecordes »

objclxt wrote: post #107
thenerdhead wrote: post #97

Glad for the founders, but I cannot help but think this is such an overpriced acquisition for a glorified screen capture tool and ecosystem. Now you can attach videos to jira tickets, seems a bit overkill.

It’s a bargain compared to their Series C valuation in 2021 of $1.5 billion.

Ouch. I wonder how much of the exit value got absorbed by their preference stack.

Re: Atlassian Acquires Loom

#144

Post by thenerdhead »

objclxt wrote: post #107
thenerdhead wrote: post #97

Glad for the founders, but I cannot help but think this is such an overpriced acquisition for a glorified screen capture tool and ecosystem. Now you can attach videos to jira tickets, seems a bit overkill.

It’s a bargain compared to their Series C valuation in 2021 of $1.5 billion.

Not really a discount if you arguably don't need to buy it in the first place! That valuation to begin with is ridiculous with their DAU.

Re: Atlassian Acquires Loom

#146

Post by politelemon »

CharlieDigital wrote: post #112
eptcyka wrote: post #106

Earlier quoted context omitted.

Coming from a deep, shameful corner of ignorance, but what's special about recording a screen and sharing it via the comms tool of choice (IM, Slack, Signal, e-mail)? I do love the idea of sharing a screen recording of features though.

They're not necessarily buying it just for the tech; I have no doubt that Atlassian could build their own version of Loom. I'd guess that a big part of it is customer acquisition and then raising prices or ramping customers to other Atlassian products.

Also recently Atlassian released a Whiteboard (read Miro/infinite canvas) feature in Confluence cloud, so this could become another tool in the set that they release to keep people collaborating on their platform and not heading elsewhere.

Re: Atlassian Acquires Loom

#147

Post by zoogeny »

I applied to Loom several years ago while they were still tiny. The CEO sent me a Loom thanking me for applying and asking me to send him back a Loom describing why I was excited to work for his company. Something about that rubbed me the wrong way at the time. I didn't reply and dipped out of the interview process.

Re: Atlassian Acquires Loom

#148

Post by thenerdhead »

binarymax wrote: post #111
thenerdhead wrote: post #97

Glad for the founders, but I cannot help but think this is such an overpriced acquisition for a glorified screen capture tool and ecosystem. Now you can attach videos to jira tickets, seems a bit overkill.

At 25M users it's about $40 per user, and Atlassian needs some kind of screencast data to bolster their future in training project management models. Also, they can afford it, so it's a good time to get into the market.

Hopefully they aren't paying for all those ghost users from the pandemic hype. Could be a good acquisition but Atlassian somewhat known for just buying useless crap.

Re: Atlassian Acquires Loom

#149

Post by chenster »

yieldcrv wrote: post #119
edgyquant wrote: post #104

Earlier quoted context omitted.

In what world is loom something no one asked for? I, and my team, use it everyday and have at my past two jobs as well. For engineers it’s a life saver being able to share a quick video of some code and the bug youre getting (or asking what some piece of code does) and also forcing junior engineers to do this for a PR guarantees the feature works/is a form of QA.

Command+shift+5 is built into OSX I find the loom extension redundant and glitch prone

Loom gives a much better UX and easy to use and more important ability to share. They probably have a huge user base that other businesses interested in acquire.

Re: Atlassian Acquires Loom

#150

Post by solardev »

eastbound wrote: post #141
hannes0 wrote: post #117

Earlier quoted context omitted.

This discussion reminds me of when Dropbox was at ShowHN and someone was commenting on how this could be done with FTP. https://news.ycombinator.com/item?id=8863

I still haven’t purchased Dropbox. When the choice came up, it seemed important for our backups not to be made in USA. So, indeed, a very cool replacement was SSH. I still don’t know anyone who didn’t leave Dropbox after they jacked up the prices. A USB key is much cheaper (and reliable, at the rate at which Dropbox nukes accounts that they deem not compliant with whatever policy).

Most people I know just went with their cloud provider's sync solution once everyone added one (GDrive, iCloud, Amazon photos, OneDrive, Creative Cloud, etc.)

Can't remember the last time I saw a USB key in use anymore.

The cloud stuff is convenient, but it quickly became a commoditu Dropbox is still better in some small ways (like delta syncs) but it wasn't enough I guess.

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